Page 331 - Full Book_24.4.2021

NOTES TO THE
FINANCIAL STATEMENTS in retrospect

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for the financial year ended 31 december 2020 (continUed)
the Will to Suceed

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Total RM’000 1,178,272 (962,035) 216,237 26,608 242,845 achieving a leading repute

2020 RM’000 201,454 – – – – – – – 201,454 (72,745) – – – – – – – (72,745) 128,709 |

Paving the Way for a Sustainable future

2019 RM’000 233,780 197,759 – – – – – – 197,759 (97,579) (146,663) – – – – – – (146,663) 51,096

2018 RM’000 218,797 200,540 192,251 – – – – – 192,251 (90,056) (149,370) (166,084) – – – – – (166,084) 26,167

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2017 RM’000 158,981 150,209 140,847 138,651 138,651 (67,730) (117,548) (129,329) (132,997) (132,997) 5,654
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2016 RM’000 130,234 130,936 127,663 124,901 123,640 – – – 123,640 (54,552) (97,117) (113,364) (119,281) (121,171) – – – (121,171) 2,469 adhering to the best Governance Practices

2015 RM’000 127,623 121,144 112,551 105,004 103,672 103,724 – – 103,724 (42,496) (84,402) (96,660) (100,570) (101,961) (102,880) – – (102,880) 844

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2014 RM’000 149,409 128,160 120,438 114,884 111,191 111,283 110,775 – 110,775 (43,125) (88,199) (103,471) (108,312) (109,189) (109,784) (110,020) – (110,020) 755 543 Laying the Foundation for Financial Growth
TAkAFUL RISk MANAGEMENT (CONTINUED)

General Takaful Fund (continued) Net General Takaful contract liabilities for 2020 (Group) Before 2013 RM’000 145,951 at end of accident year 131,597 121,436 114,847 108,663 110,447 109,976 110,018 Current estimate of cumulative claims 110,018 (41,956) at end of accident year (84,498) (101,303) (105,696) (105,070) (109,430) (109,517) (109,475) Cumulative payments (109,475) Net General Takaful contract liabilities additional risk margin N

(b) Accident year one year later two years later three years later four years later five years later Six years later Seven years later incurred one year later two years later three years later four years later five years later Six years later Seven years later to-date
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24 th aGm information
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